Laws

Stronger patents can lead to more innovation by creating an incentive for research and development. They also can be used protectively, creating long-lasting monopolies. At the Institute, we’re asking to what extent the law should safeguard patents, and where patent law hurts economic progress.

Keyword Search

Search Results Filters

  1. Turin Festival of Economics 2024

    Conference

    May 30–Jun 2, 2024

    Who owns knowledge?

  2. Overdraft Fees, Credit Card Late Fees, and the Lump of Profit Fallacy

    By Darren Bush, Mark Glick, Gabriel Lozada, and Hal Singer

    Apr 15, 2024

    Predetermined profit margins and prices hidden in the back end of a transaction are really just market failures.

  3. Merger Tests in Practice: A Critical Analysis

    By Gabriel Lozada

    May 8, 2023

    Current tests for mergers are in practice deeply flawed.

  4. Working Paper

    The Perils of Antitrust Econometrics: Unrealistic Engel Curves, Inadequate Data, and Aggregation Bias

    By Gabriel Lozada

    May 2023

    Antitrust econometrics relies on often-implausible assumptions

  5. Ayn Rand vs. Elinor Ostrom: The Fight for the Future of Social Media

    By Pia Malaney

    Mar 9, 2023

    The contrasting ideologies at play in this tech sector mirror the conflicting ideologies in economics

  6. Why Economists Should Support Populist Antitrust Goals

    By Mark Glick, Gabriel Lozada, and Darren Bush

    Dec 13, 2022

    Despite the accumulation of serious and unsolvable problems, the Consumer Welfare Standard survives and continues to be taught to students for reasons unrelated to theoretical consistency and empirical confirmation.

  7. Working Paper

    Why Economists Should Support Populist Antitrust Goals

    By Mark Glick, Gabriel Lozada, and Darren Bush

    Dec 2022

    The Consumer Welfare Standard is severely limited or defective, preventing it from being an appropriate standard for modern antitrust.

  8. Top Antitrust Expert: We Need a New Approach to Giant Tech Firms Like Google

    By Lynn Parramore

    Nov 28, 2022

    Economist Cristina Caffarra, a leader in competition and antitrust, warns that ever-expanding tech giants raise concerns about the extent of their power.

  9. The Economic Case for Neo-Brandeisian Antitrust Goals

    By Mark Glick

    Mar 30, 2022

    The Consumer Welfare Standard of antitrust is outdated and defective

  10. Working Paper Series

    An Economic Defense of Multiple Antitrust Goals: Reversing Income Inequality and Promoting Political Democracy

    By Mark Glick

    Mar 2022

    The Consumer Welfare Standard of antitrust is outdated and defective

  11. The Erroneous Foundations of Law and Economics

    By Mark Glick and Gabriel Lozada

    Feb 25, 2021

    Conservative legal theory is based on a shoddy definition of what constitutes “efficiency”

  12. Working Paper Series

    The Erroneous Foundations of Law and Economics

    By Mark Glick and Gabriel Lozada

    Feb 2021

    Conservative legal theory is based on a shoddy definition of what constitutes “efficiency”

  13. Working Paper

    Never Together: Black and White People in the Postwar Economic Era

    By Peter Temin

    Jul 2020

    Over and over again, US government policies designed to transfer and create wealth and economic opportunity were restricted to whites by design.

  14. Labor, Technology and Growth

    Towards A Gini Negative Solution

    Conference

    Feb 27–28, 2020

    What will empower a worker to be able to make greater demands on a profitable economy or employer? The answer may be summed up in one word: leverage.

  15. The Vikasarth Conversations

    Discussion

    Jan 16, 2020

    Prof. Oliver Hart and Justice A. K. Jayasankaran Nambiar in conversation